Vice President - Auto Fraud Risk Oversight

Location: Columbus, OH, United States

Job Family: Risk Support

About the Role

At JP Morgan Chase, we are a leading global financial services firm with a strong commitment to innovation and risk management in our consumer banking divisions. The Vice President - Auto Fraud Risk Oversight role within Chase Auto is pivotal in safeguarding our auto lending portfolio against fraud and credit abuse. Reporting to the Head of Auto Risk, you will lead a team responsible for proactively identifying and mitigating risks in origination, collections, and the extensive dealer network. This position demands a strategic mindset to challenge existing controls, leverage data-driven insights, and ensure our practices align with regulatory expectations from bodies like the OCC and CFPB. Based in our Columbus, OH hub, you will play a key role in maintaining the integrity of our $150+ billion auto finance business, contributing to JP Morgan Chase's reputation for robust risk oversight in the competitive financial services landscape. Your core responsibilities will include spearheading fraud risk assessments, developing oversight frameworks, and collaborating across departments to implement cutting-edge detection strategies. You will analyze vast datasets to uncover hidden patterns of abuse, validate risk models, and provide actionable recommendations to senior executives. In this leadership capacity, you will mentor analysts, drive process enhancements, and ensure seamless integration with broader enterprise risk initiatives at JP Morgan Chase. The role involves close interaction with technology teams to incorporate AI and machine learning into fraud prevention, while monitoring third-party dealer compliance to protect against external threats. This is an opportunity to influence high-impact decisions that directly support sustainable growth in auto lending. We seek a seasoned professional with deep expertise in financial risk management, particularly in auto finance, who thrives in a dynamic, collaborative environment. At JP Morgan Chase, you will have access to world-class resources, professional development opportunities, and a culture that values integrity and innovation. Join us to advance your career while helping secure the future of consumer banking.

Key Responsibilities

• Lead the identification, assessment, and challenge of fraud and credit abuse risks across Chase Auto’s Origination and Collections functions, including the Dealer network
• Develop and implement strategic fraud oversight programs to enhance risk controls and ensure compliance with internal policies and regulatory standards
• Collaborate with cross-functional teams, including Legal, Compliance, and Technology, to design and deploy effective fraud detection and prevention measures
• Conduct in-depth analyses of fraud trends, credit abuse patterns, and emerging risks using advanced analytics tools
• Oversee the validation and testing of fraud risk models, ensuring alignment with JP Morgan Chase's enterprise risk management framework
• Provide expert guidance to senior leadership on fraud risk mitigation strategies and report on key risk indicators (KRIs) and metrics
• Monitor and evaluate the performance of third-party dealers and vendors to mitigate external fraud exposures
• Drive continuous improvement in fraud oversight processes, incorporating feedback from audits and regulatory examinations
• Mentor and develop a team of risk analysts, fostering a culture of proactive risk management within Chase Auto
• Stay abreast of industry trends, regulatory changes, and technological advancements in fraud detection to inform strategic decisions

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field; advanced degree (MBA or Master's) preferred
• 8+ years of experience in fraud risk management, credit risk, or compliance within the financial services industry, with at least 3 years in auto finance or lending
• Proven leadership experience in overseeing risk oversight teams, including managing cross-functional projects in origination and collections
• Strong understanding of regulatory requirements such as those from the OCC, CFPB, and anti-money laundering (AML) standards applicable to auto lending
• Demonstrated ability to analyze complex data sets and fraud patterns using tools like SQL, Python, or SAS in a banking environment
• Experience collaborating with dealer networks and third-party vendors to mitigate fraud risks in consumer lending
• Excellent communication skills with the ability to present risk findings to senior executives and regulatory bodies

Preferred Qualifications

• Certified Fraud Examiner (CFE) or similar professional certification in risk management
• Prior experience at a major financial institution like JP Morgan Chase, focusing on auto finance products
• Knowledge of machine learning applications in fraud detection for high-volume transaction environments
• Background in challenging and validating risk models within a Basel-compliant framework
• Experience leading fraud prevention initiatives in a digital origination platform

Required Skills

• Advanced analytical skills for fraud pattern recognition and risk modeling
• Proficiency in data analytics tools such as SQL, Python, R, or Tableau
• Strong knowledge of financial regulations (e.g., FCRA, UDAAP, BSA/AML) in auto lending
• Leadership and team management abilities in a high-stakes risk environment
• Excellent verbal and written communication for stakeholder engagement
• Strategic thinking to align fraud oversight with business objectives
• Problem-solving expertise in complex, ambiguous fraud scenarios
• Project management skills for leading cross-departmental initiatives
• Attention to detail in reviewing transaction data and compliance documentation
• Adaptability to evolving regulatory and technological landscapes
• Interpersonal skills for collaborating with dealer networks and internal partners
• Quantitative analysis capabilities for assessing credit abuse risks
• Familiarity with enterprise risk management systems used at JP Morgan Chase
• Ethical judgment in handling sensitive fraud investigations

Benefits

• Comprehensive medical, dental, and vision insurance plans with multiple coverage options
• 401(k) retirement savings plan with company matching contributions up to 6% of eligible pay
• Generous paid time off, including vacation, sick days, and parental leave
• Tuition reimbursement program for professional development and advanced education
• Employee stock purchase plan allowing discounted purchases of JP Morgan Chase stock
• Wellness programs including gym memberships, mental health support, and onsite fitness facilities
• Flexible work arrangements, including hybrid options for eligible roles in Columbus, OH
• Performance-based annual bonuses and long-term incentive compensation

JP Morgan Chase is an equal opportunity employer.